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Active

13 Central Street

Salem, MA 01970

$1,899,000
Bedrooms
Bathrooms
6,442Square feet
1868Year built

Commercial Sale · Active · MLS #73540070
Listing Courtesy of Coldwell Banker Realty - Lynnfield | Stephen Velonis

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MLS PIN data

About this home

PRICE ADJUSTMENT! Rare chance to acquire a prominent 6,442 SF mixed-use commercial building in the heart of downtown Salem. This three-story property features a well-established first-floor restaurant and residential apartments on the second and third floors, providing diversified income and a strong, consistent rental history. Set on a historically significant site tied to Salem’s colonial and Revolutionary-era past, the property is marked by a plaque commemorating The London Coffee House, a notable gathering place dating to 1698. Its highly visible, walkable downtown location offers easy access to Salem’s shops, restaurants, cultural attractions, and year-round tourism. With long-term tenants, stable occupancy, and value-add potential, this building represents an attractive investment opportunity.

Property information

Details at a glance

Building

Style
Other
Year built
1868

Land & utilities

Lot size
0.09 acres
Zoning
B5

Financial

Annual taxes
$19,464
Assessment year
2025

Listing history

Price and status timeline

No additional public listing history was supplied for this property.

Comparable sales

Recent properties for context

Recent comparable sales are not available for this property.

Local market context

How this home compares in Salem

MetricThis propertySalem
List price$1,899,000$750,000153% above local
Price / sq ft$295$45135% below local
Days on market169
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Active city listing statistics from MLS PIN as of September 6, 2026. Asking prices are not completed-sale values.

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About 13 Central Street

Can I schedule a private showing?

Yes. Request a tour of 13 Central Street and a Bean Group agent will help coordinate an available time with the listing side.

Can you help me evaluate this property?

Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.

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Availability varies by property and source. Request the documents you need and we will help obtain what is available.